MINING BOOM RECALLED.

New Zealand Herald, Volume LXVII, Issue 20627, 28 July 1930, Page 7

MINING BOOM RECALLED.

HISTORIC THAMES BUILDING.

DEMOLITION IN PROGRESS

[BY TELEGRAPH. —OWN CORRESPONDENT.] THAMES. Saturday.

The old building 011 the corner of Albert and Brown Street, opposite the old Hank of New Zealand building, at Grahanistown, well known as the <.old Scrip Corner, is being demolished. During the mining boom it was 4 110 scene of great excitement. The premises were occupied by sharebrokers' offices and the footpath was often crowded front morning until night by hundreds ot people buying and selling mining shares With the circulation of reports that gold had been struck in one or other of the many mining claims up the Ktuanui, Moanataiari, Waiotahi or Karaka Creeks, thousands of shares changed hands daily. This business kept a small army of sharebrokers and their clerks working day and night, ana small fortunes were made and lost in quick succession. Later, many of the ruining companies removed their offices to Auckland, as moot of the shares wore held by Auckland people, and the Auckland Stock Exchange became the chief centre of the dealcs in mining scrip. About 20 years ngo tl:t> block of buildings was purchased by she late Mr. Albert Bruce, who was secretary to the Thames Harbour Board, the Thames Jockey t'hib and other institutions and these bodies used the offices on the corner foi many years. The block was recently suld for removal and is now being pulled down and will be taken to the Hauraki Plains.